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Can Shiba Inu (SHIB) Reach 3 Cents? Analyzing the Path Ahead


by Maxwell Mutuma
for CoinEdition
Can Shiba Inu (SHIB) Reach 3 Cents Analyzing the Path Ahead
  • SHIB consolidates between $0.0000270 and $0.0000283, awaiting breakout signals.
  • Breaking the $0.0000283 resistance could spark bullish momentum for Shiba Inu.
  • RSI at 50.44 and MACD below the signal line suggest SHIB’s short-term consolidation.

Shiba Inu (SHIB) has captured investor attention as its price consolidates within a narrow price range. Traders speculate on its potential to achieve significant price milestones, such as reaching three cents.  

Over the last 24 hours, SHIB’s price displayed resilience within a narrow range, showing signs of consolidation. This could suggest a possible breakout on the horizon. 

As per Coinmarketcap data at press time, SHIB’s price is currently hovering around $0.00002749, investors are closely monitoring key levels that could determine the token’s next move. Right now, sentiment seems balanced, but traders want to know if SHIB has the strength to reach its targets.

Key Support and Resistance Levels Signal Market Strength

SHIB’s immediate support level sits at $0.00002726, a critical zone that has been tested twice in the past day. Both times, buyers stepped in, creating a rebound and demonstrating resilie…

The post Can Shiba Inu (SHIB) Reach 3 Cents? Analyzing the Path Ahead appeared first on Coin Edition.

Read the article at CoinEdition

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SHIB Climbs Above $0.000015 in a Massive Trend Reversal Move, Targets $0.000017

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Shiba Inu Price Closely Mirrors Dogecoin in Macro Bullish Breakout

Shiba Inu Price Closely Mirrors Dogecoin in Macro Bullish Breakout

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Can Shiba Inu (SHIB) Reach 3 Cents? Analyzing the Path Ahead


by Maxwell Mutuma
for CoinEdition
Can Shiba Inu (SHIB) Reach 3 Cents Analyzing the Path Ahead
  • SHIB consolidates between $0.0000270 and $0.0000283, awaiting breakout signals.
  • Breaking the $0.0000283 resistance could spark bullish momentum for Shiba Inu.
  • RSI at 50.44 and MACD below the signal line suggest SHIB’s short-term consolidation.

Shiba Inu (SHIB) has captured investor attention as its price consolidates within a narrow price range. Traders speculate on its potential to achieve significant price milestones, such as reaching three cents.  

Over the last 24 hours, SHIB’s price displayed resilience within a narrow range, showing signs of consolidation. This could suggest a possible breakout on the horizon. 

As per Coinmarketcap data at press time, SHIB’s price is currently hovering around $0.00002749, investors are closely monitoring key levels that could determine the token’s next move. Right now, sentiment seems balanced, but traders want to know if SHIB has the strength to reach its targets.

Key Support and Resistance Levels Signal Market Strength

SHIB’s immediate support level sits at $0.00002726, a critical zone that has been tested twice in the past day. Both times, buyers stepped in, creating a rebound and demonstrating resilie…

The post Can Shiba Inu (SHIB) Reach 3 Cents? Analyzing the Path Ahead appeared first on Coin Edition.

Read the article at CoinEdition

Read More

SHIB Climbs Above $0.000015 in a Massive Trend Reversal Move, Targets $0.000017

SHIB Climbs Above $0.000015 in a Massive Trend Reversal Move, Targets $0.000017

Shiba Inu has embarked on a significant rally, surging over 40% in the past two weeks...
Shiba Inu Price Closely Mirrors Dogecoin in Macro Bullish Breakout

Shiba Inu Price Closely Mirrors Dogecoin in Macro Bullish Breakout

The Shiba Inu (SHIB) derivatives market is flashing major bullish signals, with its f...